Market pressures have driven up the price of a new fire truck for Nanaimo Fire Rescue, nanaimobulletin.com reported.
The new apparatus, a Pierce fire truck being ordered for Fire Station 2, is the same basic vehicle as other Pierce trucks already in service with the fire department, but the cost of this vehicle has jumped to nearly $1.6 million from the previously budgeted $1.2 million, the report said.
A Nanaimo fire official said, in his report to the city’s finance and audit committee March 15, that market pressures are skewing prices. Factors he cited include supply chain issues, new emissions standards and global industrialization that has triggered a boom in demand for fire trucks internationally, according to the report.
Of the total $341,000 extra cost for the new fire truck, $141,000 will be needed in 2023 to cover the deposit required to place the order for the vehicle and the remaining $200,000 will be needed in 2024 before the vehicle is delivered in January 2025, the report said. The extra costs will be drawn from the strategic infrastructure reserve fund.
The fire official mentioned that two other trucks already on order, also to be delivered in January 2025, are within their original budgets, the report said.